canada

My father passed away in 2019. He had no will when he passed and had one property that was only in his name. After his passing, I became the estate trustee and my mom and I obtained the property. We recently received a letter a few weeks ago from Canada Revenue Agency stating that the...

I feel like it's such an unnecessary fee. I also don't remember signing up for it. Why is this not part of the already expensive monthly account fee? How is this $5 ODP fee half as expensive as life insurance. If you don't have the money in your account, then the bank should not allow any...

Big announcement for Nurosene Health Inc. ( MEND.C $MNNDF ) $MEND announced today that its founder and early investors have entered into agreements to extend certain release dates under the lock-up agreements they entered into in connection with $MEND's IPO. 19 agreements were executed to...

I just got into an accident. I have one way insurance. Damage isn’t that much but how much approximately would my insurance increase from this? I’m paying 270$ insurance now

27, no debt, car, mortgage. My net worth is around 165k 137k in Nasdaq and S&P 500 ETFs. TFSA and FHSA contributions maxed out 12k in bonds The rest in cash, haven’t checked my RRSP amount but company matches upto 4% I expect to save 90-100k after expenses this year, which should give me...

Hi All! My partner had his vehicle stolen a few weeks ago by some local kids so we’ve been dealing with Aviva. The vehicle was located and determined to be a write off from the damages they caused. Of course Aviva offered a low settlement amount we’re not happy with. They provided a list of...

So, Wealthsimple had sent me an email regarding the 0.5% account transfer promotion. I've been a Questrade client for 9 years and have a decently large amount spread across all 3 of the major self-directed account types (RRSP, TFSA, taxable). r/JustBuyVGRO subscriber here. Anyway, the promo...

Hi Guys, which one do you think makes most sense, I really can not decide, on one side, I do not see them raising Prime much higher than what it is today! (7.2) on another I also don't see them lowering it anytime soon! but the difference is so close (5yr Vr P-0.8=6.40%) OR (3yr Fix 6.05%) can...

Hello! I’m on here looking for advice or any experience with this situation. Me and my wife have come into a unfortunate situation, which resulted in us getting 100k. We’re middle class, both 25, and do have a house we just bought last year. I’m wondering what some of you would recommend to do...

I bought a small house with 2 apartments. I will live in one and rent the other. This will sound weird but actually looks good: one apartment has no separation between kitchen and bathroom. You can't see the toilet from the kitchen. Both rooms feel larger than if there was complete separation...

Context: My girlfriends parents are giving us $500,000 as a loan, which we would be paying back to them over time. They are just taking on the role of the bank. This would allow us to purchase a house almost outright. However, I need to build in some personal assurance into this scenario...

Hello I am a 27 y/o widow (8 months) he did not have a will but I have filled out and in receipt of documentation proving i am executor. He died on his motor bike, the insurance company was a HUGE pain, dont wish it upon anyone... worst part of this whole thing honestly. Question...

I’m rebalancing my portfolio, divesting low performing and some of my high volatility securities and ETFs and increasing my position in S&P 500 index funds. I’ve seen good performance with my Horizons (now Global X) ETFs. My HXS has performed better than their Vanguard, iShares and BMO...

Hello all. I'm a federal public servant and am planning on retiring at around age 50 without a full pension. This is more than 15 years away. I have about 4 years of service. I have two amounts available from a previous job, an $11k RPP amount that is locked-in and a $6k amount of past...

So help me understand. Person A has 5 million in stock and at age 60 decides to stop the drip and live on 200 k in div income. Person B same amount invested decides to also live on 200 k and sells this amount of stock. My friend says person A will be taxed more harshly? Any insight on this...

Edit for clarity: confirmed by me, not the government. Note: on the mobile app, you may need to swipe to the right on the table to see all 7 columns. The average CPI for all items for October 2021 to September 2022 was 148.842 (source), representing an increase of 6.3% over the previous...

As the title says. My renewal is coming up and I’m thinking of shopping around.

StockX the shoes get shipped to them in the us and then they reship them wherever, I believe they do charge sales tax and duties and checkout regardless tho. eBay I’m assuming if the person is in Canada you would have to just take 13% of your total sale and save that away for when you have to...

Our home insurance renewal just arrived. It is 14% higher than last year, and a whopping 56% higher than we paid in 2020, despite not having had any claims. After calling the broker I heard the predictable story about “costs of materials, labour, rate of inflation, etc.” I am not an economist...

My wife and I recently moved to Canada and have been renting out our U.K. home whilst we decide where to buy in Canada. I have been paying full U.K. income tax on the rental income as a non resident of the U.K.. Does anyone know if I have to declare anything or pay any tax on this rental income...